https://2020.riskawarenessweek.com/talks/successful-use-of-risk-modelling-and-simulations-in-public-private-partnerships/ Civil engineering mega projects hardly exercises efficient and effective risk management in general, and lacks utilizing advanced simulations such as Monte Carlo, to support decision making. The webinar will… Continue reading WATCH REPLAY: Successful use of risk modelling and simulations in public private partnerships – Yehuda Sapir
Tag: Epistemology
The better alternative to “inherent” and “residual” risk concepts
Few things are certain in life: death, taxes and someone in the risk community asking about inherent and residual risks. In fact the question is so frequent that I even… Continue reading The better alternative to “inherent” and “residual” risk concepts